Philadelphia Authority for Industrial Development (PAID)

PAID is a public authority incorporated by the City of Philadelphia in 1967.

WHAT IS PAID?

PAID is a public authority incorporated by the City of Philadelphia in 1967, authorized under the Economic Development Finance Law of the Commonwealth of Pennsylvania. It is organized to undertake three main activities to support economic development in Philadelphia.

First, PAID is a vehicle through which PIDC manages land and buildings for itself and on behalf of the City, including property acquisition, improvement, environmental remediation, and lease or sale for development. Second, PAID also issues taxable and tax-exempt bonds on behalf of nonprofit organizations, qualified manufacturers, other exempt organizations, and the City of Philadelphia. Finally, PAID serves as a conduit for federal, state, and local governmental contracts and grant program funding for economic development projects throughout the city.

2025 BOARD MEETING SCHEDULE

Board meetings will be held on Tuesday at 5pm on the following dates:

Jan 13, 2026
Jan 27, 2026
Feb 10, 2026
Feb 25, 2026
Mar 10, 2026
Mar 24, 2026
Apr 7, 2026
Apr 21, 2026
May 5, 2026
May 19, 2026
Jun 2, 2026
Jun 16, 2026

Jun 30, 2026
Jul 14, 2026
July 28, 2026
Aug 11, 2026
Aug 25, 2026
Sep 8, 2026
Sep 22, 2026
Oct 6, 2026
Oct 20, 2026
Nov 3, 2026
Nov 17, 2026
Dec 1, 2026
Dec 15, 2026

See Agenda & Minutes

GOVERNANCE

The day-to-day affairs of PAID are managed by PIDC under the direction and governance of a five-member Board of Directors appointed by the Mayor of Philadelphia.

PAID BOARD MEMBERS

Thomas A. K. Queenan

Chairperson

Mission First Housing Group

David L. Hyman

Vice Chairman

Kleinbard LLC

Malcolm J. Ingram

Treasurer

Littler Mendelson P.C.

Christina Wong

Member

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